Tips to find the best Wholesale trendy & fashion jewelry
Finding the best wholesale trendy jewelry supplier is not as easy as you think. In fact, before actually hitting the directory or an online thread, you will have to consider several factors so that you can prevent any possible headaches in jewelry supply. Even if your store is just a kiosk in a shopping mall or a classy boutique in hotel or cruise ship, it is a must that you have reliable jewelry wholesalers to keep up with your meticulous demands.
Wholesale trendy jewelry and fashion jewelry suppliers often specialize in a particular type of jewelry. If you plan to sell diamonds, silver, gold, or even cheap fashion jewelry, you will need to look for different suppliers for each type.
Check the quality of the items before buying in bulk. It is good if you can purchase some sample items and try wearing it yourself so you can better market the product. Even cheap trendy jewelry’s craftsmanship must be durable enough to be worn on a daily basis since it is the actual purpose of fancy jewelry. Consider also the price of the wholesale trendy jewelry. Usually, the safe markup percentage is 100%. This means that retailers may double the price tag so as to achieve the target profit margin. Some retailers charge only 60% more than wholesale, depending on the demand.
You may opt to arrange exclusive agreement with the supplier. Some jewelry designers allow only one retailer to market the brand. This will give you the edge over the others as your items are definitely unique.
Now, you would like to get the work done by contacting the best wholesaler. You can start by using jewelry trade journals. These journals have a list of reliable wholesale jewelry sources and can educate you further about the industry as well. Also, you can attend on jewelry market events where the organizers bring together jewelry wholesalers and let you observe how they keep up on the industry.
Look for wholesalers that import their supplies from several suppliers around the globe. It is a fact that most fashion jewelry is imported so it is best to find wholesaler which has a broad connection or your operation may be hampered due to delayed orders. Also, a good jewelry wholesaler must be a trend spotter. It must recommend the latest fashion in jewelry for you to market or both of you will end up logging behind. When shopping for wholesale trendy jewelry, make sure you also include the basic pieces in your list such as sterling silver, CZ, and Swarovski crystals. These classics will never lose followers.
The problem with some wholesalers is that their minimum purchase order is unreasonably high. Don’t be stuck in large orders because in retail, variety of items and designs is the key. You should stock minimum quantities per kind of jewelry. As a retailer, you should have all the pieces like earrings, necklaces, bracelets, rings, as well as anklets, toe-rings, body piercing, cell phone and hair accessories, key chains, and bejeweled belts and brooches. A fifty-dollar minimum order is just right for starters.
To ensure you will have a long-lasting relationship with a wholesaler, deal only with the ones who have a tested customer service. After all, you are a customer and you deserve to be treated well. Some online wholesale suppliers boast their commitment to customer satisfaction and even post testimonials. All you have to do is to verify if they are truly delivering what they promise.